Gilbert & Cook Inc. Purchases Shares of 12,402 Healthpeak Properties, Inc. (NYSE:DOC)

Gilbert & Cook Inc. purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the third quarter, Holdings Channel.com reports. The firm purchased 12,402 shares of the real estate investment trust’s stock, valued at approximately $284,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. HM Payson & Co. bought a new position in shares of Healthpeak Properties in the third quarter worth approximately $25,000. S.A. Mason LLC bought a new position in shares of Healthpeak Properties in the third quarter worth approximately $26,000. Rise Advisors LLC bought a new position in shares of Healthpeak Properties in the third quarter worth approximately $29,000. Fortitude Family Office LLC bought a new position in shares of Healthpeak Properties in the third quarter worth approximately $32,000. Finally, Barrett & Company Inc. bought a new position in shares of Healthpeak Properties in the third quarter worth approximately $33,000. 93.57% of the stock is currently owned by institutional investors.

Healthpeak Properties Stock Performance

Shares of Healthpeak Properties stock opened at $20.86 on Monday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $14.59 billion, a P/E ratio of 44.38, a P/E/G ratio of 2.32 and a beta of 1.13. The business has a fifty day simple moving average of $22.26 and a two-hundred day simple moving average of $21.06. Healthpeak Properties, Inc. has a 12 month low of $16.01 and a 12 month high of $23.26.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.12 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.32). The firm had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The business’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 EPS. On average, equities analysts forecast that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.75%. The ex-dividend date was Monday, November 4th. Healthpeak Properties’s dividend payout ratio is currently 255.32%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on DOC shares. Citigroup raised their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, August 22nd. Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a “hold” rating to a “buy” rating and raised their target price for the stock from $20.00 to $28.00 in a report on Monday, October 21st. Royal Bank of Canada raised their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. StockNews.com cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Finally, Robert W. Baird lifted their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $22.86.

Healthpeak Properties Profile

Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.